Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the State Mortgage Licensing Authority of California before hiring.
Showing 20 reverse mortgage specialists in San Jose, CA
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
The Mortgage Outlet
200 N Almaden Blvd Suite 200, San Jose, CA 95110
(408) 352-5120
themortgageoutlet.com
Esther Chien Mortgage - The Loan Story
4880 Stevens Creek Blvd # 200, San Jose, CA 95129
(510) 552-9991
estherchien.com
C2 Financial Corporation - Shawn Sidhu
99 S Almaden Blvd #600, San Jose, CA 95113
(408) 610-8011
c2financialhomeloans.com
C2 Financial Corporation - Elva Wormley - Mortgage Broker
1930 Camden Ave #1b, San Jose, CA 95124
(408) 615-8500
elvawormley.com
First Stop Mortgage Corporation
2114 Senter Rd STE 11, San Jose, CA 95112
(408) 900-6789
firststopmortgage.com
Yvonne Wu & Maria Chen - The Loan Story
4880 Stevens Creek Blvd # 200, San Jose, CA 95129
(408) 780-9991
theloanstory.com
101 Loan and Rob McCarthy - Specialist in Residential, Commercial and Reverse Mortgage Financing
6090 Hellyer Ave #100, San Jose, CA 95138
(650) 465-8957
101loan.com
Rosie Hong Pham - Mortgage Loan Officer
621 Tully Rd #125, San Jose, CA 95111
(408) 666-5825
zillow.com
Stephen Wong - Bayone Reic
1754 Technology Dr STE 108, San Jose, CA 95110
(408) 780-8228
stephenloan.com
Todd Flesner | Strategic Mortgage Advisor – CrossCountry Mortgage
1080 Minnesota Ave Ste 1, San Jose, CA 95125
(408) 921-0669
toddflesner.com
Your Mortgage Guy, Eric Garnicki - C2 Financial NMLS #363191
99 S Almaden Blvd #600, San Jose, CA 95113
(408) 214-9898
yourmortgageguyeric.com
Michael Ryan & Associates
4880 Stevens Creek Blvd # 200, San Jose, CA 95129
(408) 986-1798
michael-ryan.com
American Family Funding Group
1190 S Bascom Ave # 215, San Jose, CA 95128
(408) 297-6800 ext. 1717
americanfamilyfundinggroup.com
What Does a Reverse Mortgage Specialist in San Jose Cost?
Typical costs for a reverse mortgage in California include an origination fee up to 2.5 percent of the home value, mortgage insurance premiums of 2 percent upfront and 0.5 percent annually, appraisal fees around 400 to 600 dollars, and closing costs of 2,000 to 4,000 dollars. Total costs vary by loan amount and lender. This is general information and not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What are the eligibility requirements for a reverse mortgage in San Jose?
Borrowers must be at least 62 years old and own their home outright or have a low mortgage balance. The property must be a primary residence and meet HUD property standards. California law does not impose additional age or residency requirements beyond federal guidelines.
How does California law affect reverse mortgage proceeds?
California Civil Code Section 1923.2 requires lenders to provide a clear disclosure of loan terms and costs. Proceeds from a reverse mortgage are generally tax free as loan advances. However interest accrues and the loan balance increases over time affecting the equity available to heirs.
Can a reverse mortgage be foreclosed in California?
Yes foreclosure can occur if the borrower fails to pay property taxes or insurance or does not maintain the home. California has a non judicial foreclosure process that takes about 120 days after a notice of default. Borrowers should discuss these risks with a specialist and a HUD approved counselor.
Reverse Mortgage Specialists in Other California Cities
Adelanto · Agoura Hills · Alameda · Albany · Alhambra · Aliso Viejo · Anaheim · Antioch · Apple Valley · Arcadia · Arcata · Arroyo Grande · Artesia · Atascadero · Auburn